INVESTMENT OFFERING
SAB Capital is pleased to present WellNow Urgent Care in Syracuse, NY, the economic and education Hub of Central New York. The tenant is subject to a double net (NN) lease with landlord responsibilities limited to roof & structure. WellNow is a top 10 urgent care provider in the United States with over 180 locations across 6 states. The asset is located in a dense retail corridor surrounded by national retailers like Dunkin’, Wendy’s, Burger King, and many others.
- WellNow in Syracuse, NY | Economical and Educational Hub of Central New York
- Minimal Landlord Responsibilities | Double Net (NN) Lease Structure
- Experienced Operator | WellNow is a Top 10 Largest Urgent Care Chain in the U.S
- High Credit Parent Company | The Aspen Group has Over 1,000 Medical Office Locations Through Aspen Dental and Their Other Brands
- Highly Trafficked Location | 4th Most Trafficked Among WellNow Locations Nationwide (placer.ai)
- Service Oriented Tenant | Protected Against Threat of E-Commerce to Brick and Mortar Retail
- National Retailers Located Nearby | Dunkin, Wegmans, Wendy’s, and Many More
Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
---|---|---|---|---|---|
Wellnow | $1,832,068 | 7.25% | NN | 3,500 | Available |